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Registration No. 33-51451
Rule 424 (b)(2)
PRICING SUPPLEMENT No. 1 Dated December 30, 1993 (To Prospectus
dated December 30, 1993)
$2,000,000,000
H O U S E H O L D F I N A N C E C O R P O R A T I O N
Medium Term Notes
Due Nine Months or More from Date of Issue
________________
Principal Amount: $10,000,000
Stated Maturity: January 4, 1999
Redeemable On or After: Not Applicable
Interest Rate: See Special Provisions
Agent's Discount or Commission: None
Trustee: The Chase Manhattan Bank (National Association)
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SPECIAL PROVISIONS
Interest, if any, and principal on the Note will be paid only
on the Stated Maturity. The interest, if any, and principal amount
due and payable on the Stated Maturity shall be calculated by UBS
Securities Inc. (the "Calculation Agent") in accordance with the
following formula:
Payment Amount = greater of (a) 100% of Principal Amount, or (b)
100% of Principal Amount + [100% of Principal Amount
x 22 x (30 Year CMT -6.00%)].
In no event, however, shall the Payment Amount exceed 177% of the
Principal Amount.
"30 Year CMT" shall mean the 30-Year Constant Maturity
Treasury Yield which corresponds to the price which is quoted on
Bloomberg page "GT30 GOVT GIT" under the column entitled "CLOSE"
and in the row entitled "9:00 - 10:00". After obtaining the
foregoing value, use the Bloomberg Yield Analysis for said value as
reflected in the table entitled "YIELD CALCULATIONS" in the row
entitled "STREET CONVENTION" as the factor to be inserted in the
Payment Amount formula. In the event Bloomberg does not exist on
the Interest Determination Date or is not reporting the 30 Year CMT
as required, then the 30 Year CMT shall be calculated in such other
manner as agreed to by the Calculation Agent and HFC.
The Interest Determination Date and the Calculation Date
shall be December 30, 1998. Payment of the Payment Amount will be
made to the Holder of the Note on the Stated Maturity.
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